1339 Nickel is a fantastic investment with opportunity for improvement. Almost no vacancy over the last decade. Desirable location near shopping, entertainment and easy access to employment regions. Rents are significantly below market. Plenty of opportunity to increase returns. Same owner for the last 12 years. Property is occupied by tenants. Do not disturb tenants. Minimum 24 hour notice to show.
Presented By: Cushman & Wakefield; 3032923700
Interior Features for 1339 Nickel Dr
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 1339 Nickel Dr
Attached Garage No
Cap Rate7.12
CityLoveland
Construction MaterialsWood/Frame, Brick/Brick Veneer, Wood Siding
CountyLarimer
ElectricElectric, Loveland
Elementary SchoolWinona
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income74400
HOANo
HeatingBaseboard
High SchoolMountain View
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet11472
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolBill Reed
Net Operating Income59729
New ConstructionNo
Number Of Units Total4
Operating Expense14671
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSylmar Add
Tax Annual Amount4385
Tax Year2025
Tenant PaysNone
UtilitiesNatural Gas Available, Electricity Available
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